Contractor Equipment Loan Interest Rates 2026: Rates by Credit Score, Terms, and How to Qualify

Equipment Financing at 2026 Rates: Qualify and Act Now

You can finance equipment at 8–10% APR if you have a 700+ credit score and 2+ years in business; rates climb to 11–14% for fair credit (620–679 FICO) and 14%+ for subprime (600–649 FICO). The fastest path to capital is to check current rates from multiple lenders within the same 30-day window—this avoids stacking hard inquiries and lets you compare terms before committing.

Contractors with steady revenue and documented income can often move from application to funding in 7–14 days with online lenders, or 30–45 days with bank-backed SBA 7(a) loans. Equipment itself serves as collateral, so lenders focus on your ability to repay, not on unsecured personal guarantees.

If cash flow is tight or you're bridging a payroll gap while waiting for invoices to clear, invoice factoring for construction businesses can unlock 70–85% of unpaid invoices at 2–5% monthly discount rates—much faster than waiting 30–60 days for client payment.

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How to Qualify

1. Minimum credit score: 620–680 depending on lender.

• Scores 700+ qualify for prime rates (8–10%).
• Scores 620–679 (fair credit) qualify at 11–14%.
• Scores 600–619 (subprime) face 14–18% or higher, or require larger down payments.
• Check your credit report for errors; even one corrected reporting mistake can improve your score 10–50 points.

2. Time in business: 24 months minimum (SBA standard); many online lenders accept 12–18 months with compensating factors.

• Newer contractors (under 12 months) may qualify for startup equipment loans at higher rates (16–22%) or through alternative lenders (merchant cash advances, equipment-only lending).
• If you've been in business under 24 months, bring extra documentation: personal credit references, prior W-2s as a trade professional, letters of intent from clients, or a personal guarantee.

3. Annual revenue: $50,000–$150,000 minimum, depending on lender and loan type.

• Most traditional and online lenders want to see at least $60,000 annual revenue.
• SBA 7(a) lenders typically require $100,000+, though some SBA microloan programs accept $40,000+.
• Bring 2 years of tax returns (both personal and business Schedule C or 1120-S) to verify revenue.

4. Debt-to-income (DTI) ratio: 35–43% maximum.

• Calculate total monthly debt payments (business and personal loans, credit cards, auto loans, mortgage) divided by gross monthly income.
• Example: $3,000 monthly debt ÷ $8,000 monthly income = 37.5% DTI (acceptable for most lenders).
• Paying down existing debt or increasing revenue before applying improves your odds.

5. Business bank statements and tax returns: last 24 months.

• Lenders verify business income, expense patterns, and cash flow stability.
• Deposit patterns matter: frequent deposits show steady work, while sporadic or declining deposits raise red flags.
• Bank statements also confirm you have enough liquidity to service the new loan payment.

6. Proof of insurance: general liability and workers' compensation (if applicable).

• Most lenders require $500K–$1M general liability coverage as a condition of funding.
• Contractors with 1–10 employees must carry workers' comp; proof of active policy strengthens your application and may reduce your rate by 0.5–1.0%.

7. The equipment you're financing: purchase agreement or quote.

• Lenders want to see what you're buying, its cost, condition (new or used), and expected salvage value.
• Equipment with strong resale value (bulldozers, excavators, boom trucks) funds faster and at better rates than specialized or aging gear.
• If you're buying used equipment over 7 years old, some lenders limit terms to 3–5 years instead of 10.

Application steps (end-to-end, 7–45 days):

1. Gather documents: tax returns, bank statements (last 24 months), personal ID, equipment quote or invoice, proof of insurance, business license.
2. Apply online or with a broker. Complete your financials and equipment details.
3. Lender pulls your credit (one hard inquiry = 5–10 point temporary dip).
4. Submit equipment documentation and proof of insurance.
5. Lender orders an equipment appraisal (24–48 hours for standard gear; longer for specialty equipment).
6. Approval issued contingent on final underwriting (2–7 business days).
7. Sign loan agreement and UCC filing (lender records lien on equipment).
8. Funds disburse to equipment seller or your business account (1–3 business days).
9. You take possession of equipment and begin monthly payments.

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Equipment Financing vs. Leasing: A Quick Decision Map

Factor	Financing (Buy)	Leasing
Monthly payment	$400–$800 per $10K financed (36-month term)	$350–$600 per $10K equipment value (24–36-month lease)
Interest rate	8–14% APR (2026)	8–12% implicit (included in lease payment)
Down payment	10–25% typical	0–5% (often waived for good credit)
Term length	36–120 months (longer terms = lower payments)	24–60 months (inflexible end-of-term buyout)
Ownership	You own; can sell or trade	Lessor owns; you return it
Tax benefit	Section 179 deduction ($1.41M limit 2026) or depreciation	Lease payments are 100% deductible as operating expense
Maintenance	Your responsibility after warranty ends	Lessor covers maintenance, repairs, and insurance
Upgrades	You keep equipment; upgrades are your cost	Built-in equipment refresh at lease end
Excess wear risk	None if you maintain it	You may owe fees for damage, excessive hours, or missing parts
Total cost over 5 years	Buy: $45K–$60K (interest + payments); own equipment worth $10K–$20K residual	Lease: $50K–$65K (all-in, no residual)

Pros of Financing (Buying)

• Build equity: Each payment increases ownership value. After 5 years, you own equipment worth $10K–$30K.
• Tax deduction: Section 179 deduction lets you write off up to $1.41 million of equipment purchases in 2026, reducing taxable income in year one.
• No mileage/hour limits: Use equipment as much as you need without overage charges.
• Long-term cost advantage: For gear you use 5+ years, buying costs 20–30% less than leasing.
• Flexible terms: Refinance, sell, or trade equipment on your timeline.

Cons of Financing (Buying)

• Maintenance costs: After warranty ends (typically 1–3 years), repairs and maintenance are your cost. Budget 5–10% of equipment value annually for older gear.
• Depreciation risk: If the equipment market softens, resale value drops. Older or specialty equipment is harder to sell.
• Obsolescence risk: Technology or regulations change; your 10-year-old engine might not meet new emissions standards.
• Upfront capital: You need 10–25% down, locking up working capital.

Pros of Leasing

• Predictable costs: Fixed monthly lease payment; no surprise repairs.
• Built-in upgrades: At lease end, you get new equipment with the latest features and emissions compliance.
• Lower upfront cost: Leases often require 0–5% down, preserving cash.
• Insurance and maintenance included: Lessor handles all service; you just operate.
• Flexibility: When the lease ends, upgrade to different equipment without holding a depreciating asset.

Cons of Leasing

• No equity: Monthly payments don't build ownership; equipment goes back to the lessor.
• Overage fees: Extra hours, mileage, or damage can trigger end-of-lease charges ($500–$5,000+).
• Inflexible terms: Early termination penalties often apply; you're locked in for 24–60 months.
• Long-term cost: Over 10+ years, leasing typically costs 20–30% more than owning.
• Limited customization: You can't permanently modify leased equipment (fuel tanks, attachments, branding).

Choose financing if: You plan to keep equipment 5+ years, need tax deductions, have predictable utilization, and have capital for a down payment.

Choose leasing if: You want to upgrade frequently, prefer fixed monthly costs, use equipment seasonally or unpredictably, or want the lessor to handle all maintenance and compliance.

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Current Equipment Financing Rates by Credit Tier (2026)

Excellent credit (750+ FICO):

• APR range: 8–9.5%
• Down payment: 10–15%
• Term: 48–84 months
• Example: $50,000 excavator, $5,000 down, 60-month term at 8.5% = $826/month
• Best for: Established contractors with strong personal and business credit, 3+ years in business.

Good credit (700–749 FICO):

• APR range: 8–10%
• Down payment: 15–20%
• Term: 36–72 months
• Example: $50,000 excavator, $8,000 down, 60-month term at 9.5% = $782/month
• Best for: Contractors with 2+ years in business, no recent late payments, stable revenue.

Fair credit (620–679 FICO):

• APR range: 11–14%
• Down payment: 20–30%
• Term: 36–60 months
• Example: $50,000 excavator, $10,000 down, 60-month term at 12.5% = $748/month
• Best for: Newer contractors, prior credit issues resolved, strong business fundamentals (growing revenue, steady clients).
• Lender types: Online lenders (Kabbage, Fundbox), credit unions, specialized equipment finance companies.

Subprime credit (600–619 FICO):

• APR range: 14–18%
• Down payment: 30–40%
• Term: 24–48 months
• Example: $50,000 excavator, $15,000 down, 36-month term at 16% = $925/month
• Best for: Contractors with recent defaults, collections, or limited credit history; strong cash flow compensates.
• Alternatives: Merchant cash advance (40–150% APR equivalent), peer-to-peer lending, asset-based lending.

Credit under 600 or limited history:

• APR range: 18–25%+ or alternative structures (MCA, revenue-based lending)
• Down payment: 40–50%
• Term: 12–36 months
• Example: $50,000 excavator, $20,000 down, 24-month term at 22% = $1,244/month
• Best for: Contractors rebuilding credit, recent start-up (under 12 months), or with inconsistent income.
• Note: At this tier, consider partnering with a co-signer (parent, spouse) with better credit, or building business credit for 6–12 months before applying.

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Working Capital Loans vs. Equipment Financing for Contractors

Working capital financing (lines of credit, payroll loans, bridge loans) addresses cash-flow gaps—paying employees and suppliers before invoices clear. Equipment financing funds physical assets (machinery, trucks, tools). Both serve contractors, but they solve different problems.

When to use working capital financing:

• You invoice clients on Net 30–60 terms but must pay labor and materials upfront.
• Seasonal dips (winter slowdown, project gaps) strain payroll.
• You're bridging a gap between completing a project and receiving final payment.
• You need to fund invoices for a client (general contractor) who won't pay until subcontractor work is certified.

Working capital financing rates and terms in 2026:

• Line of credit: 8–16% APR, $10K–$250K, interest-only on draw balance. Unsecured (no collateral) or secured (personal guarantee, UCC lien on accounts receivable).
• Payroll financing: 10–18% APR, 3–12-month term, amounts tied to monthly payroll ($3K–$50K). Fastest approval (24–48 hours).
• Invoice factoring: 2–5% monthly discount (24–60% annualized), funds within 24–48 hours. You assign invoices to the factor; they collect from your clients.
• Bridge loan: 8–14% APR, 6–12-month term, unsecured or secured by project collateral (lien on completed work). Used to cover gap between project start and payout.

Equipment financing rates and terms in 2026:

• Installment loan: 8–14% APR, 36–120 months, equipment is collateral. Monthly payment scales with term and credit tier.
• Lease: 8–12% implicit rate, 24–60 months, lessor retains ownership and maintenance risk.
• SBA 7(a): 7–10% APR, 10 years for equipment, 7 years for working capital. Requires 24 months in business; SBA guarantees 75–90% of loan.

Decision: Use working capital financing if you need cash for day-to-day operations or payroll; use equipment financing if you're acquiring machinery, vehicles, or tools that will generate revenue for 3+ years.

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Background: How Equipment Financing Works and Why Rates Vary

Equipment financing is a secured installment loan where the equipment you buy serves as collateral. A lender advances 75–90% of the equipment's purchase price; you pay a down payment (10–25%) and make fixed monthly payments over 36–120 months at a fixed or variable interest rate. If you default, the lender repossesses and sells the equipment to recover their loss.

Why contractors use it:

• Equipment (excavators, boom trucks, compressors, tools) is expensive ($10K–$250K+) but essential to revenue generation.
• Bank loans require 24 months in business and perfect credit; equipment financing is faster and more forgiving of credit imperfections because the equipment itself is collateral.
• Leasing alternatives are available but cost more over the long term; financing lets you build equity.
• Tax benefits: Under Section 179, you can deduct the full purchase price of equipment (up to $1.41 million in 2026) in the year purchased, reducing taxable income.

How rates are set:

1. Base rate (prime rate + lender margin): The federal prime rate is 7.5% as of 2026. Lenders add 1–8 percentage points depending on risk. A contractor with 700+ credit and strong cash flow might pay prime + 1% (8.5%); a 630 FICO contractor with inconsistent income might pay prime + 6.5% (14%).

2. Credit score and history: Your FICO score is the largest single driver of rate. A 50-point difference (700 vs. 650) typically means a 2–3% rate jump. Lenders also review recent late payments, collections, charge-offs, and bankruptcy history. Anything resolved more than 2 years ago has less impact.

3. Debt-to-income ratio: Lenders want your total monthly debt payments (business and personal) to be no more than 35–43% of gross monthly income. A contractor earning $8,000/month with $3,000 in existing debt payments has 37.5% DTI, which is acceptable. Adding a $500/month equipment loan payment would push this to 43.75%—acceptable but tight, which may raise your rate 0.5–1%.

4. Time in business and revenue stability: Contractors with 24+ months in business and consistent year-over-year revenue growth are lower risk. Newer contractors (12–24 months) or those with erratic revenue face 1–3% higher rates. If you're in a boom-bust cycle (high-volume some years, low volume others), lenders penalize this volatility.

5. Equipment type and loan-to-value (LTV): A bulldozer or excavator has strong resale value and funds at lower rates; a specialized tool or aging equipment is riskier. LTV (loan amount ÷ equipment value) also matters. An 80% LTV loan (you put 20% down) is standard; a 90% LTV (10% down) adds 0.5–1% to the rate because the lender has less margin if the equipment depreciates.

6. Down payment size: Larger down payments reduce lender risk and lower your rate. A 25% down payment might earn 8.5%; a 10% down payment on the same deal could be 9.5%. Down payments also reduce the financed amount, lowering your monthly payment.

7. Loan term: Longer terms (72–120 months) spread payments over more months, lowering the monthly amount but raising total interest paid. A 60-month term at 9% is cheaper per month than a 36-month term but costs more overall. Lenders sometimes charge slightly higher rates for very long terms (90+ months) because default risk compounds over time.

Why contractors struggle to access capital:

According to the Federal Reserve's 2025 Small Business Credit Survey, 41% of small business failures cite cash-flow failure as the primary cause. Construction is particularly vulnerable: job timing is unpredictable, invoices lag 30–60 days, payroll is due weekly, and material costs fluctuate. As a result, lenders view contractors as higher risk than, say, retail businesses with predictable daily cash.

Equipment financing helps contractors avoid the cash-flow crunch by letting them acquire assets upfront without a huge capital outlay. Instead of saving $80,000 to buy a boom truck outright (which could take 2–3 years), a contractor can finance $65,000 at 11% APR, 60 months = $1,373/month, and put that truck to work immediately generating revenue. The equipment's use pays for the loan.

Additionally, according to the SBA, equipment financing accounts for 30% of all SBA lending (up from 22% in 2020), reflecting strong demand among contractors and manufacturers. The average SBA 7(a) equipment loan is around $301,000 as of fiscal 2025, suggesting contractors are financing serious capital purchases—not just hand tools but trucks, excavators, and specialized equipment.

Collateral and UCC filings:

When you finance equipment, the lender files a UCC-1 (Uniform Commercial Code lien) against the equipment in your state's Secretary of State office. This filing is public record and tells anyone else (creditors, landlords, other lenders) that the equipment is pledged as collateral for this debt. If you default, the lender can repossess without a court order in most states. If the equipment sells for less than you owe (e.g., $40,000 borrowed, $30,000 sale price), you're responsible for the $10,000 shortfall—but most lenders offer a waiver if you work with them on payment issues.

Prepayment and refinancing:

Most equipment loans allow prepayment without penalty. If your cash flow improves mid-year or you receive a large project payout, you can pay down the loan balance or pay it off entirely without a prepayment fee. Some lenders offer variable-rate loans that reset annually; if rates drop, your payment might fall. Fixed-rate loans (standard) lock in the rate for the entire term, protecting you if rates rise.

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Equipment Financing vs. Bad-Credit and Alternative Loan Options

Scenario: You have 630 FICO, 18 months in business, $80K annual revenue, and need $50K for a compressor.

Option 1: Traditional equipment financing

• Lender: Online lender (Kabbage, Fundbox) or credit union
• APR: 12–14%
• Term: 48 months
• Down payment: 20% ($10,000)
• Monthly payment: $892
• Pros: Fixed rate, long term, you own equipment after payoff, tax deduction available
• Cons: You need $10K down upfront; longer approval (7–14 days)

Option 2: Subprime equipment financing

• Lender: Specialist subprime lender (Clearco, Elevate)
• APR: 15–18%
• Term: 36 months
• Down payment: 25% ($12,500)
• Monthly payment: $1,177
• Pros: Faster approval (24–48 hours); smaller down payment negotiable; some offer rate reduction if you make on-time payments
• Cons: Higher monthly payment; equipment may have higher origination fees (3–5%)

Option 3: Merchant cash advance (MCA)

• Lender: MCA provider (OnDeck, Rapid Finance)
• Structure: Advance of $35K–$50K; you repay by ceding a % of daily credit card sales (typically 2–8%) until advance + fees are repaid
• APR equivalent: 40–150% (high volatility)
• Repayment: Typically 6–12 months
• Pros: Fastest approval (24 hours); no credit check; approved based on business revenue
• Cons: Very expensive if sales are low (can take 18+ months to repay); daily deductions strain cash flow; no tax deduction on "cost" (it's not a loan)
• When to use: Only if you have strong daily credit card sales ($2K+/day) and can repay in under 12 months

Option 4: Equipment lease from lessor or captive finance (manufacturer)

• Lender: Caterpillar Financial, Volvo Capital, or independent lessor
• Monthly payment: $350–$500 (24–36 month lease)
• Down payment: 0–10% (sometimes waived)
• Pros: Lowest down payment; maintenance included; upgrade at lease end; approval based on business, not personal credit
• Cons: No equity; end-of-lease fees for excess wear/hours; no tax deduction (lease payment is expense, not depreciation)

Option 5: Co-signer or family loan

• Structure: Family member with good credit (700+) co-signs your equipment loan, improving approval odds and lowering your rate by 2–4%
• APR reduction: Typically 1–3% (you'd pay 11–13% instead of 14–16%)
• Monthly payment: $850–$920 (48-month term)
• Pros: Lower rate; family member may not charge interest; flexible repayment
• Cons: Co-signer is liable if you default; relationship risk; requires family involvement in your finances

Comparison table:

Option	APR	Down Payment	Term	Approval Time	Total Cost (50K advance/loan)	Best For
Traditional equipment	12–14%	20% ($10K)	48 mo	7–14 days	$45,600	Stable income, fair credit, patient
Subprime equipment	15–18%	25% ($12.5K)	36 mo	24–48 hr	$42,800	Poor credit, urgent need, strong revenue
Merchant cash advance	40–150% APR equiv	0%	6–12 mo	24 hours	$50K–$75K	High daily card sales, short repayment horizon
Equipment lease	8–12% implicit	0–10%	24–36 mo	3–7 days	$42K–$54K	Upgrade preference, all-in fixed cost
Co-signed traditional	11–13%	20%	48 mo	10–21 days	$42,400	Marginal credit, trusted co-signer available

Recommendation: If you have 630 FICO and stable revenue, traditional or subprime equipment financing beats MCA. The 2–4% higher rate is far cheaper than MCA's 40%+ APR. If you have a family member with 700+ credit, a co-signed loan cuts your rate significantly. Leasing is a solid fallback if you want lowest down payment and predictable costs, but you won't build equity.

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SBA 7(a) Equipment Loans: Lower Rates, Longer Terms, and the Trade-Off

SBA 7(a) loans are government-backed business loans issued by partner banks and lenders. The SBA doesn't lend directly; instead, they guarantee 75–90% of the lender's risk, which incentivizes lenders to offer lower rates and longer terms than they would for unsecured loans.

SBA 7(a) terms in 2026:

• APR: 7–10% (lower than traditional equipment financing)
• Maximum loan: $5 million
• Equipment term: Up to 10 years (standard)
• Working capital term: Up to 7 years
• Down payment: 10–20% (lower than traditional loans)
• Approval timeline: 30–45 days (slower than online lenders)
• Origination fee: 1–3.75% (charged by lender, may be rolled into loan balance)

SBA 7(a) vs. traditional equipment financing (side-by-side, $50K equipment purchase, 700+ credit):

Feature	SBA 7(a)	Traditional Equipment
APR	8%	9%
Term	84 months (7 years)	60 months (5 years)
Down payment	$5K (10%)	$7.5K (15%)
Monthly payment	$635	$826
Total interest paid	$8,540	$9,560
Origination fee	$1,875 (3.75%)	$500–$1,250
Approval time	30–45 days	7–14 days

SBA 7(a) qualification requirements:

• Credit score: Minimum 620; preferred 650+
• Time in business: 24 months minimum (some exceptions for franchise buyers)
• Annual revenue: $100,000–$500,000 typical; no hard minimum
• Debt-to-income: 35–43% maximum (same as traditional lenders)
• Collateral: Equipment + personal guarantee required
• Business plan: SBA lenders want to understand your market, competition, and how the equipment will generate revenue
• Owner equity: You must have some "skin in the game"—typically 20–30% down payment

SBA 7(a) application process:

1. Complete SBA Form 912 (owner information), Form 1020 (application for business loan), and personal financial statement.
2. Provide 2 years tax returns (business and personal), 2 months bank statements, profit/loss statement (current year YTD), and equipment quote.
3. SBA-approved lender (bank, credit union, online lender) processes application; SBA reviews if lender requests guarantee.
4. If approved, lender issues commitment; you sign loan agreement and UCC filing.
5. Funds disburse 3–7 days after closing; equipment is purchased and delivered.

When SBA 7(a) makes sense:

• You have 24+ months in business and strong financials.
• You're financing $25K–$500K in equipment.
• You can wait 30–45 days for approval (not urgent).
• You want to minimize monthly payment and maximize equipment term.
• You qualify for the lower 7–10% rate, saving 2–4% vs. private lenders.

When SBA 7(a) doesn't make sense:

• You're under 24 months in business (disqualified; consider startup loans instead).
• You need capital in under 2 weeks (online lenders are faster).
• You're financing under $10K (not worth the SBA paperwork; use a personal loan or credit card).
• Your credit is under 620 or you have recent defaults (SBA will decline; use subprime lenders).
• You want to avoid personal guarantee (SBA always requires one).

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Invoice Factoring for Construction: Fast Cash When Invoices Are Pending

Contractors often invoice clients on Net 30–60 terms but must pay labor and materials upfront. If cash is tight or you have a large project pending, invoice factoring unlocks 70–85% of unpaid invoices within 24–48 hours.

How it works:

1. You complete work and invoice a client for $50,000 (due Net 60).
2. You contact a factoring company and submit the invoice.
3. Factoring company verifies the invoice with your client, then advances 80% ($40,000) within 24–48 hours.
4. You use the $40,000 to pay your crew and suppliers immediately.
5. When your client pays the invoice 60 days later, the factoring company collects and deducts their fee (typically 2–5% of invoice face value, or $1,000–$2,500 in this example).
6. Remaining balance ($50,000 − $1,500 fee − $40,000 advance = $8,500) is paid to you.

Invoice factoring rates for construction (2026):

• Factoring fee: 2–5% of invoice face value (typical for construction; higher-risk clients or aged invoices may cost 5–10%)
• APR equivalent: 24–60% annualized (because fees are for 30–60 day terms, not a full year)
• Advance rate: 70–90% of invoice value (depends on client creditworthiness)
• Approval: 24–48 hours (fastest capital access for contractors)
• Minimum: $1,000–$5,000 per invoice; some factors require $10K+ to engage

When to use invoice factoring:

• You have unpaid invoices (Net 30–60 terms) and need cash for payroll or supplies.
• You don't want a formal business loan or don't qualify for one.
• You want 24–48 hour funding (faster than equipment loans).
• You have strong, creditworthy clients (factoring companies vet your clients' creditworthiness).

When NOT to use invoice factoring:

• Your clients pay Net 15 or cash-on-delivery (invoicing is infrequent; factoring adds no value).
• Your invoices are disputed or subject to holdback (factors won't advance if payment is uncertain).
• You use residential or direct-pay clients (factors prefer larger commercial invoices; residential is too risky).
• You want to keep client relationships private (factoring reveals your cash-flow weakness to clients).

Factoring companies for construction:

• Clearco (formerly Clearbanc)
• Fundbox
• OnDeck
• BlueVine
• Fundation

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Bottom Line

Contractor equipment financing rates in 2026 range from 8–10% (excellent credit, 700+) to 14%+ (fair to poor credit, 600–649 FICO). The fastest path to capital is to check rates from multiple lenders within 30 days, have your tax returns and bank statements ready, and qualify based on time in business (24+ months preferred), revenue ($50K+ minimum), and debt-to-income below 43%. If you need cash faster or have weaker credit, invoice factoring (2–5% fee, 24–48 hour approval) or subprime equipment loans (15–18% APR, 24–48 hour approval) bridge the gap. For lower rates and longer terms, SBA 7(a) loans (7–10% APR, 10-year terms) are worth the 30–45 day wait if you have 24+ months in business.

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Disclosures

This content is for educational purposes only and is not financial advice. contractors.finance may receive compensation from partner lenders, which may influence which products are featured. Rates, terms, and availability vary by lender and applicant qualifications. Always compare offers from multiple lenders, read loan agreements carefully, and consult a financial advisor before committing to any financing product.